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Analyst says Infineon offload is timely

Posted: 03 Sep 2010  Print Version  Bookmark and Share Subscribe

Keywords: Intel  Infineon  wireless  3G modem 

[Summary of tips] Infineon Technologies AG is selling its Wireless Solutions Business (WLS) to Intel Corp. for $1.4 billion in cash. It says that it intends to focus on its other core businesses. However, Will Strauss, president and principal analyst at Forward Concepts Co., thinks there is more to the sale than that."I've read the scenarios tha......
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